Common use of PROSPECTUSES AND PROXY STATEMENTS; SALES MATERIAL AND OTHER INFORMATION Clause in Contracts

PROSPECTUSES AND PROXY STATEMENTS; SALES MATERIAL AND OTHER INFORMATION. 3.1 At lease annually, the Fund or its designee shall provide the Company, free of charge, with "camera ready" copy of the new prospectus as set in type, or, at the request of the Company, as a diskette in the form sent to a financial printer, and other assistance as is reasonably necessary in order for the parties hereto once each year (or more frequently if the prospectus for the Fund is supplemented or amended) to have the prospectus for the Contracts and the prospectus for the shares printed together in one document. The Fund or its designee shall bear the cost of printing and mailing the Fund's prospectus portion of such document for distribution to Contract owners of existing Contracts, and the Company shall bear the expenses of printing and mailing the portion of such document relating to the Accounts; provided, however, that the Company shall bear all printing expenses of such combined document where used for distribution to prospective purchasers. 3.2 The Fund's prospectus shall state that the current Statement of Additional Information ("SAI") for the Fund is available from the Distributor (or, in the Fund's discretion, from the Fund),and the Distributor (or the Fund) at its expense, shall print, or otherwise reproduce, and provide a copy of such SAI free of charge to the Company for itself and for any Contract owner who requests such SAI. 3.3 The Fund, at its expense, shall provide the Company with copies of its proxy material, reports to shareholders, and other communications to shareholders in such quantity as the Company shall reasonably require for distributing to Contract owners. The Fund or its designee shall bear the cost of printing, duplicating, and mailing of these documents to current Contract owners, and the Company shall bear the cost for such documents used for purposes other than distribution to current Contract owners.

Appears in 2 contracts

Sources: Participation Agreement (Fulcrum Separate Account of First Allmerica Fin Life Ins Co), Participation Agreement (Fulcrum Separate Account Allmerica Fin Life Ins & Annuity Co)

PROSPECTUSES AND PROXY STATEMENTS; SALES MATERIAL AND OTHER INFORMATION. 3.1 At lease least annually, the Fund or its designee shall provide the Company, free of charge, with "camera ready" copy of the new prospectus as set in type, or, at the request of the Company, as a diskette in the form sent to a financial printer, and other assistance as is reasonably necessary in order for the parties hereto once each year (or more frequently if the prospectus for the Fund is supplemented or amended) to have the prospectus for the Contracts and the prospectus for the shares printed together in one document. The Fund or its designee shall bear the cost of printing and mailing the Fund's prospectus portion of such document for distribution to Contract owners of existing Contracts, and the Company shall bear the expenses of printing and mailing the portion of such document relating to the Accounts; provided, however, that the Company shall bear all printing expenses of such combined document where used for distribution to prospective purchasers. 3.2 The Fund's prospectus shall state that the current Statement of Additional Information ("SAI") for the Fund is available from the Distributor (or, in the Fund's discretion, from the Fund),and the Distributor (or the Fund) at its expense, shall print, or otherwise reproduce, and provide a copy of such SAI free of charge to the Company for itself and for any Contract owner who requests such SAI. 3.3 The Fund, at its expense, shall provide the Company with copies of its proxy material, reports to shareholders, and other communications to shareholders in such quantity as the Company shall reasonably require for distributing to Contract owners. The Fund or its designee shall bear the cost of printing, duplicating, and mailing of these documents to current Contract owners, and the Company shall bear the cost for such documents used for purposes other than distribution to current Contract owners.

Appears in 1 contract

Sources: Participation Agreement (Fulcrum Separate Account of Allmerica Fin Life Ins & Ann Co)